Meaning of “retail sales” in the English Dictionary

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"retail sales" in Business English

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retail salesnoun [ plural ]


sales of goods to the public rather than to businesses, stores, etc., often considered in relation to economic activity as a whole:

Retail sales fell 0.3% in January.
a fall/drop/rise in retail sales Economists expect a 1.5% rise in retail sales, compared with a 0.1% drop last year.
Official retail sales figures for March are published next week.

(Definition of “retail sales” from the Cambridge Business English Dictionary © Cambridge University Press)